Apr. 22 – Chinese investment in Germany reached $830 million last year, an increase of 29 percent from 2012. Sino-German trade volume – equal to China’s combined trade with the United Kingdom, France and Italy – accounts for nearly a third of total trade between China and Europe.
Germany is China’s biggest trading and technology partner in the European Union. Bilateral trade in 2013 reached $161.6 billion, 580 times that in 1972, when China and the then-West Germany established diplomatic relations. China is Germany’s largest trading partner in Asia. Germany is also Europe’s largest investor in China, with investment growing by 43 percent last year.
There were 400,000 Chinese people were employed by German companies invested in China in 2013. There are also a significant numbers of Chinese companies operating in Germany, they play an important role in German economy, creating employment opportunities and Sino-Germany related business services. Moreover, there are more than 30,000 Chinese students are studying in Germany, and about 5,400 German students are studying in China. In addition, every week, more than 60 direct flights fly between the two countries.
Right now, China focus strongly on environment and energy, and the Chinese government policies place more weight on these areas will bring abundant business chances for German companies. China needs “German quality”, while Germany’s growth requires the Chinese market and “China speed”, that is the fact of economic dependency.
However, for Chinese companies invested in Germany, there are some remaining inquiries needed to be further researched, such as: What are the weaknesses of Chinese companies in German market? How to improve the Chinese investors’ situation here in Germany? What are the useful Tips for upcoming China investors in the EU counties? For those who needed a “List of Chinese Companies Invested in Germany”, please contact with DCCC, or mail to: info@dccchina..org